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Spar Group ( (SGRP) ) has shared an announcement.
On August 25, 2025, Spar Group announced several executive changes. Michael R. Matacunas, the President and CEO, resigned as President and will retire as CEO on October 3, 2025. He entered into a transition agreement that includes a $2 million retention bonus and stock option benefits. William Linnane was appointed as the new President, transitioning from his role as Global Strategy & Growth Officer. Ron Lutz, Global Chief Commercial Officer, and Kori Belzer, Global Chief Operating Officer, both announced their retirements due to position eliminations, with agreements for severance and consulting roles.
The most recent analyst rating on (SGRP) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Spar Group stock, see the SGRP Stock Forecast page.
Spark’s Take on SGRP Stock
According to Spark, TipRanks’ AI Analyst, SGRP is a Neutral.
The overall stock score of 52 reflects significant financial challenges, including declining revenues and negative profitability. While technical indicators show some positive momentum, valuation remains a concern due to negative earnings. Corporate events provide a mixed outlook, with strategic investments and board changes offering potential growth, but regulatory and shareholder concerns persist.
To see Spark’s full report on SGRP stock, click here.
More about Spar Group
Average Trading Volume: 137,344
Technical Sentiment Signal: Sell
Current Market Cap: $27.95M
Find detailed analytics on SGRP stock on TipRanks’ Stock Analysis page.